81, WHEATLANDS, FAREHAM, PO14 4SU - £425,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

81 WHEATLANDS is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £435,847. It was last sold for £425,000 in December 2021, which was around 21% below the average December 2021 detached price in the Fareham local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

81 WHEATLANDS Sold Prices

Land registry data shows five sales for 81 WHEATLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fareham local authority area for the corresponding sale date. All of the five 81 WHEATLANDS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 16 DEC	£425,000	£538,445	21% below HPI
2005 20 MAY	£230,500	£282,945	19% below HPI
2002 9 AUG	£183,500	£232,439	21% below HPI
2000 19 DEC	£135,000	£178,388	24% below HPI
1995 29 SEP	£80,000	£102,469	22% below HPI

81 WHEATLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fareham local authority area over time, sourced from the HPI. The five 81 WHEATLANDS sales between September 1995 and December 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2021 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 81 WHEATLANDS be worth now?

81 WHEATLANDS might now be worth an estimated £435,847.

This is based on house price inflation of 2.6%, between December 2021 and February 2025, for detached houses, in the Fareham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 81 WHEATLANDS of £425,000 on 16th December 2021. For the value to have increased from £425,000 to £435,847 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 81 WHEATLANDS has moved in line with the HPI for detached houses in the Fareham local authority area.
• The December 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 81 WHEATLANDS has not materially changed since December 2021.

How Large is 81 WHEATLANDS?

81 WHEATLANDS is 77m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of detached houses houses in Locks Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Locks Heath, and where 81 WHEATLANDS lies on this distribution: 7% of detached houses houses are smaller than 81 WHEATLANDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Locks Heath.

81 WHEATLANDS: Plot and Title Map

81 WHEATLANDS sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 81 WHEATLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 81 WHEATLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 81 WHEATLANDS?

81 WHEATLANDS is located in FAREHAM, in the PO14 postcode district. The below map shows the position of No. 81 on WHEATLANDS.